Pompey suffer another points deduction (From Daily Echo)
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Portsmouth to begin 2012/13 season on -10 points in League One
4:54pm Thursday 12th July 2012 in General Sport
Fratton Park
Portsmouth have been told they must start next season in npower League One with a 10-point deduction.
The Football League said today it will accept Pompey's membership provided whoever buys the club complies with a number of conditions, notably another points deduction.
Portsmouth were also docked 10 points last season after entering administration for the second time in two years and were eventually relegated from the Championship.
Last month they moved a step closer to coming out of administration after creditors voted in favour of former owner Balram Chainrai's Company Voluntary Arrangement proposal, while the Pompey Supporters' Trust are also bidding to take over the cash-strapped club.
As well as starting next term on minus 10, the Football League say Portsmouth must agree that only a limited proportion of the secured debt from the previous club can be carried forward into the new company as secured debt.
They must pay all their football creditors in full, unless mutually acceptable compromise agreements are put in place.
Finally, Pompey will also face a range of other restrictions on playing budgets, future borrowing and loan repayments for the next five seasons.
A Football League statement read: "The Board of The Football League has agreed to make an offer of membership to the eventual purchaser of Portsmouth Football Club.
"The offer is subject to the successful bidder accepting a number of conditions that seek to ensure the sporting integrity of league football and the financial viability of the club going forward.
"The Football League Board has absolute discretion as to whether to admit any new company as a member of The League. In doing so, it has to strike a balance between giving a club another chance and the effect this has on sporting competition between clubs."
Pompey's administrator Trevor Birch promptly issued a statement branding the League's decision "very harsh" and hopes it can be reversed.
He said: "We are extremely disappointed that the Football League has decided to impose yet another penalty on the club.
"I think most people would agree that the 10-point deduction imposed last season was sufficient, particularly as it played a huge part in the club's relegation to League One.
"The fans, players and staff have suffered enough for something for which they weren't responsible. We feel it is unjustified for the club to be punished further.
"We've made it clear to the League that Portsmouth needs all the help it can get at the moment, which makes today's decision very harsh.
"I'm confident, though, that the club will bounce back from this latest setback. It's not a club that gives up that easily.
"We will have further discussions with the League in order to explore whether we can give them more comfort, particularly with regards to the old CVA creditors, and thereby have the decision reversed in respect of a points deduction.
"We will continue to do all we can to give Portsmouth the best possible chance of survival."
Birch added that the club have made significant inroads into slashing their wage bill.
Today Hayden Mullins joined Birmingham and Aaron Mokoena agreed to terminate his contract while Luke Varney and David Norris are also expected to leave within the next few days.
Comments(68)
SO50 Saint
says...
5:02pm Thu 12 Jul 12
bigfella777
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5:05pm Thu 12 Jul 12
Fatty x Ford Worker
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5:07pm Thu 12 Jul 12
saintjim13
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5:11pm Thu 12 Jul 12
I don't give a sh*t about the weather now !!! That has made my day :-) COYR
Fatty x Ford Worker
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5:14pm Thu 12 Jul 12
Reality-man
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5:15pm Thu 12 Jul 12
hahahhahahahahahaha
Waaaaaaaaaahhaahahah
ahahahahhhahahahahah
ahahaahahahhahahha
heheheheheheheeheheh
hehehehehe
waaaaahahahaha
sarfhamton
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5:16pm Thu 12 Jul 12
On other news Steve Cottrell (ex-P*mpey) has been sacked by Forest.
Hobson82
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5:18pm Thu 12 Jul 12
Can't see them staying up now, especially with the squad they have.
Respect to Appleton though for not walking away, or have I spoke to soon?!?
anderoo
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5:19pm Thu 12 Jul 12
Reality-man wrote:My thoughts entirely, and the 10 points deduction is only one of many conditions imposed on them for acceptance to league 1 with a new owner
Waaaaaaaaaaaaaaaaaaa hahahahahahahahahaha
hahahhahahahahahaha
Waaaaaaaaaahhaahahah
ahahahahhhahahahahah
ahahaahahahhahahha
heheheheheheheeheheh
hehehehehe
waaaaahahahaha
costa gaz
says...
5:26pm Thu 12 Jul 12
It was those orrible owners who spent all the dosh on a team of internationals and got us cup finals and european nights at Fratton.
Those very same players who were hero worshipped not so long ago are now parasitic scum who are holding the club to ransom because they want what is owed to them.
This should now be the end, the life support should now be turned off...... R.I.P. pfc
Andy Lombardi
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5:26pm Thu 12 Jul 12
Hobson82
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5:28pm Thu 12 Jul 12
The photographer has managed to fit in a lady whizzing passed on a motorised scooter.
lewis99
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5:28pm Thu 12 Jul 12
seventh-junction
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5:28pm Thu 12 Jul 12
Oh well.......It's still brought a smile to my face.......HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA.....snigger, snigger....
NORTHAM ROARS
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5:43pm Thu 12 Jul 12
costa gaz
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5:43pm Thu 12 Jul 12
Secured debts to be paid in full before the start of the season!!!!!
kissmya%%
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5:45pm Thu 12 Jul 12
NORTHAM ROARS
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5:46pm Thu 12 Jul 12
costa gaz wrote:Exactly!! What with the Rangers Fiasco and the way clubs are finacially teetering, they have to do this. Coventry, Birmingham, and Others all are looking shaky, and FA/ FL have to take this firm line. ts more than fair.
Having read the FL statement again I think that the 10 point penalty will be the least of their worries. Secured debts to be paid in full before the start of the season!!!!!
Chipster
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5:51pm Thu 12 Jul 12
NORTHAM ROARS
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5:54pm Thu 12 Jul 12
Golden_Salamander
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6:01pm Thu 12 Jul 12
.
In effect they have written off over £100m of debt without paying anything to the Taxman (Hospitals, Police, Schools etc.) so their punishment show have been greater.
.
The Football League SHOULD have also asked "theFA" to remove all those F.A. Cup games from the records, as we all know THEY WERE CHEATING at the time.
.
Finally is this going to be the end of that "long thread" on SaintsWeb (thanks for starting it DH), what are we all going to do now ?
kissmya%%
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6:02pm Thu 12 Jul 12
Nine Toes
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6:07pm Thu 12 Jul 12
Sha la la la la la la la.......
Who the f*ck is laughing now.
Scrimshanks
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6:43pm Thu 12 Jul 12
the next, Pompey's demise does not fill me with joy. Their fans though know who they should blame: the string of chancers,
spivs, crooks and idiots who've
owned and managed this once great club for the past 15 years.
mastershot100
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6:59pm Thu 12 Jul 12
OSPREYSAINT
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7:02pm Thu 12 Jul 12
florida saint
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7:06pm Thu 12 Jul 12
W T F I L N.
SHA LA LA LA LA LA LA.
seventh-junction
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7:06pm Thu 12 Jul 12
mastershot100 wrote:Never feel sorry for that tw@t. He deserves everything that's coming.
The only person I feel sorry for is Pompey John Westwood who for the rest of his life will be a walking memorial.
He can was off the henna tattoos and go support Crawley Town.
seventh-junction
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7:07pm Thu 12 Jul 12
Fatty x Ford Worker
says...
7:07pm Thu 12 Jul 12
Andy Lombardi
says...
7:08pm Thu 12 Jul 12
Scrimshanks wrote:But the fans lauded them! Wanted statues built, freedom of the city conferred, even asking an administrator for his autograph.
As an ex-matelot (1960s) who'd go to FP one week and The Dell,
the next, Pompey's demise does not fill me with joy. Their fans though know who they should blame: the string of chancers,
spivs, crooks and idiots who've
owned and managed this once great club for the past 15 years.
Meanwhile the Saints fans were delving deep to find out about possible owners of our club and highlighting their backgrounds.
Baybrit
says...
7:11pm Thu 12 Jul 12
NORTHAM ROARS wrote:I think that all local vendors should be paid IN FULL first. Why should local shopkeepers and small businesses get table scraps but overpaid footballers get their full wages?
costa gaz wrote: Having read the FL statement again I think that the 10 point penalty will be the least of their worries. Secured debts to be paid in full before the start of the season!!!!!Exactly!! What with the Rangers Fiasco and the way clubs are finacially teetering, they have to do this. Coventry, Birmingham, and Others all are looking shaky, and FA/ FL have to take this firm line. ts more than fair.
Fatty x Ford Worker
says...
7:18pm Thu 12 Jul 12
seventh-junction
says...
7:29pm Thu 12 Jul 12
Sold as seen ( or smelt )
Contact J (bell end) Westwood
Saintsayer II
says...
7:37pm Thu 12 Jul 12
I haven't laughed so much since auntie maggie caught her t1ts in a mangle
SaintsBiker
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7:40pm Thu 12 Jul 12
saints,till,i,die
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8:07pm Thu 12 Jul 12
gladbachsaint
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8:46pm Thu 12 Jul 12
the end of July none of their team will have a club :-)
fritzer
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8:52pm Thu 12 Jul 12
mack chinnon
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8:54pm Thu 12 Jul 12
5cum 5cum 5cum wrote:Minus ten for spelling.
Sierra foxtrot charlie
Chalie umbrella november tango sierra
Chav merchant bankers the lot
userds5050
says...
9:57pm Thu 12 Jul 12
5cum 5cum 5cum wrote:It's uniform.
Sierra foxtrot charlie
Chalie umbrella november tango sierra
Chav merchant bankers the lot
St Retford
says...
10:09pm Thu 12 Jul 12
costa gaz wrote:I have a hunch the dispute with FA Cup hero 'King' Kanu could well be the straw that breaks this donkey's back. They've **** him off to the extent that he won't accept a compromise and it could well drag them under.
Having read the FL statement again I think that the 10 point penalty will be the least of their worries.
Secured debts to be paid in full before the start of the season!!!!!
That said, I think the fact the surrounding land formely owned by the arms dealer is now up for sale does slightly increase the chances of a middle eastern billionaire stepping in, but I wouldn't hold my breath.
windyboy
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10:22pm Thu 12 Jul 12
Southern softy
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10:32pm Thu 12 Jul 12
Norwegian Saint
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10:40pm Thu 12 Jul 12
Get the old lady in the picture to bring the Olympic torch around SMS this weekend... I would seriously p#ss myself laughing!
PLEEEEEEASE!!!
circa 66 saint
says...
10:45pm Thu 12 Jul 12
St Retford wrote:posted this on the news site this afternoon before the good news 10pts
costa gaz wrote:I have a hunch the dispute with FA Cup hero 'King' Kanu could well be the straw that breaks this donkey's back. They've **** him off to the extent that he won't accept a compromise and it could well drag them under.
Having read the FL statement again I think that the 10 point penalty will be the least of their worries.
Secured debts to be paid in full before the start of the season!!!!!
That said, I think the fact the surrounding land formely owned by the arms dealer is now up for sale does slightly increase the chances of a middle eastern billionaire stepping in, but I wouldn't hold my breath.
KANU the man who won the F.A.cup for pompey.
KANU the man who has twice reduced his wage to help pompey survive (deferred his wages)
KANU the man who you lot have now pushed so far he has had enough.
KANU THE LIQUIDISER
also believe secured football debts around £25m
klaus reckons they are odds on to go t1t's up
SimplyAwesome
says...
10:54pm Thu 12 Jul 12
saint robbie
says...
10:57pm Thu 12 Jul 12
5cum 5cum 5cum wrote:Sierra Foxtrot Charlie
Sierra foxtrot charlie Chalie umbrella november tango sierra Chav merchant bankers the lot
Premier League
The futures bright its red and white.
St Retford
says...
10:59pm Thu 12 Jul 12
circa 66 saint wrote:Haha. Their whining about the points misses the, erm, point by about a million miles. There's no way in the world the trust can raise enough to pay off football debts by the start of the season (these dwarf the amount you would need to buy the club itself) and why on earth would Chainrai bother if he's only allowed to transfer a fraction of the £18m he's owed into the debt of the post-CVA club?
St Retford wrote:posted this on the news site this afternoon before the good news 10pts
costa gaz wrote:I have a hunch the dispute with FA Cup hero 'King' Kanu could well be the straw that breaks this donkey's back. They've **** him off to the extent that he won't accept a compromise and it could well drag them under.
Having read the FL statement again I think that the 10 point penalty will be the least of their worries.
Secured debts to be paid in full before the start of the season!!!!!
That said, I think the fact the surrounding land formely owned by the arms dealer is now up for sale does slightly increase the chances of a middle eastern billionaire stepping in, but I wouldn't hold my breath.
KANU the man who won the F.A.cup for pompey.
KANU the man who has twice reduced his wage to help pompey survive (deferred his wages)
KANU the man who you lot have now pushed so far he has had enough.
KANU THE LIQUIDISER
also believe secured football debts around £25m
klaus reckons they are odds on to go t1t's up
Unless someone else enters the race to buy them there's no way they'll be a Football League club next season. O well, we did always say they were Pompey till July.
And let this all be a lesson to all the moaning 'fans' complaining about a lack transfer activity at Southampton. We do things right at our club.
Chipster
says...
8:25am Fri 13 Jul 12
mastershot100 wrote:****ing priceless!
The only person I feel sorry for is Pompey John Westwood who for the rest of his life will be a walking memorial.
mbetts
says...
8:44am Fri 13 Jul 12
Chipster wrote:He'll always have the Cup Final DVD to keep him warm at night, he could do a few signings coz he appears on over bloody half of it! Could this be the worlds hollowest victory?
mastershot100 wrote:****ing priceless!
The only person I feel sorry for is Pompey John Westwood who for the rest of his life will be a walking memorial.
The club has been ruined by their so called "heroes" Redknapp et al.
Surely he must have known when he was signing superstars on ridiculous wages that the books would never balance?
hands249
says...
9:36am Fri 13 Jul 12
cliffwalker
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10:28am Fri 13 Jul 12
Hobson82 wrote:You spotted that, did you?
Does anyone else find the above picture very amusing??
The photographer has managed to fit in a lady whizzing passed on a motorised scooter.
cliffwalker
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10:31am Fri 13 Jul 12
saints,till,i,die wrote:Wait a minute, let me write that clever remark down so I don't forget it.
would the last player to leave poopey please turn off the lights
cliffwalker
says...
10:31am Fri 13 Jul 12
saints,till,i,die wrote:Wait a minute, let me write that clever remark down so I don't forget it.
would the last player to leave poopey please turn off the lights
cliffwalker
says...
10:35am Fri 13 Jul 12
Rob The Saint NOT in NZ
says...
10:38am Fri 13 Jul 12
All the sh!t they gave us a few years back, now it's payback time, times 58 million!
HAHAHAHAHAHAHAHAHAHA
HA!
soton1980
says...
10:57am Fri 13 Jul 12
I have sympathy for the few Pompey fans who wished us well during the dark times, but not for the rest.
SO50 Saint
says...
12:03pm Fri 13 Jul 12
mbetts
says...
12:05pm Fri 13 Jul 12
cliffwalker wrote:The Echo only put Pompey stories on here to start a pathetic war of words between the cyber-warriors of both clubs who must have very mundane jobs, and in the majority of Pompey fans cases, no job.
The stink of schadenfreude on this thread is almost overwhelming.
Northam Girl
says...
1:09pm Fri 13 Jul 12
saints,till,i,die wrote:No lights to turn off... They haven't paid their electric bill!!
would the last player to leave poopey please turn off the lights
lowe esteem
says...
2:09pm Fri 13 Jul 12
cliffwalker wrote:Don't jump the gun, he ain't signed yet!
The stink of schadenfreude on this thread is almost overwhelming.
Have you heard the one about the begging letter from Nigeria that wasn't a scam?
sarfhamton
says...
3:09pm Fri 13 Jul 12
But i dont want to read about this anymore, its over.
Look forwards Saints not backwards.
lowe esteem
says...
5:45pm Fri 13 Jul 12
sarfhamton wrote:It's sinking in now...My Saints will be running out in all-red strip from tomorrow...that just ain't right...I do hope it's not permanent...bring back the stripes of Southampton!
Fed up with Pompey stories on here, i feel sorry for them and won't abuse them.
But i dont want to read about this anymore, its over.
Look forwards Saints not backwards.
lowe esteem
says...
5:48pm Fri 13 Jul 12
I've got a posh mobility scooter Kanu see?"
Fatty x Ford Worker
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3:05pm Sat 14 Jul 12
cliffwalker
says...
5:02pm Sat 14 Jul 12
Fatty x Ford Worker wrote:If the "old bag" is your mother or grandmother you can just ask her, fatty.
What time is the old bag doing a lap of honour with the torch!
Just another reader says...
4:57pm Thu 12 Jul 12